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Paralegal

Location

New Jersey

Posted

55 days ago

Salary

$70K - $85K / year

Seniority

Mid Level

Bachelor Degree2 yrs expEnglish

Job Description

Paralegal

Longbridge Financial

• Review loan documents to ensure compliance with consumer federal and state laws and regulations including RESPA, TILA, ECOA, FCRA, Fair Housing Act, Dodd Frank, UDAAP, GLBA, HMDA, as well as FHA/HUD and GNMA guidelines • Support new product development and project management including HELOC and reverse mortgage product offerings • Support transactional management responsibilities of the legal team • Assist in creating, editing, revising, proofreading, and redlining documents (including loan documents, legal contracts, agreements, letters, and other legal correspondence) • Research and analyze law sources such as statutes, regulations, judicial decisions, and legal articles related to the mortgage industry • Handle guideline issues that have legal nuances, research and advise on direction and next steps for product development

Job Requirements

  • Bachelor’s degree or equivalent and relevant job experience
  • 2+ years Paralegal transactional experience preferably in real estate or mortgage industry
  • Experience performing legal research
  • Knowledge of consumer finance and residential mortgage regulations including RESPA, TILA, ECOA, FCRA, Fair Housing Act, Dodd Frank, UDAAP, GLBA, HMDA, as well as FHA/HUD and GNMA guidelines
  • Knowledge of HELOCs and reverse mortgages, a plus
  • Contracts review experience, a plus
  • Excellent written communication skills
  • Strong comprehension and drafting skills

Benefits

  • best-in-class health plans (medical, dental, vision, HSA, and FSA)
  • generous PTO
  • paid holidays
  • company-paid life insurance
  • competitive 401(k) match

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